Pegasus Hotels of Ceylon PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was LKR 13.436 million compared to LKR 107.509 million a year ago. Operating loss was LKR 76.763 million compared to LKR 34.879 million a year ago. Net loss was LKR 68.059 million compared to LKR 29.975 million a year ago. Basic loss per share was LKR 2.24 compared to LKR 0.99 a year ago.